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Crude futures fall ahead of IAEA meeting
Mar 5 2006 11:34PM (CT)
SINGAPORE (AP) - Oil prices declined Monday in Asian trading amid expectations that Iran's oil output won't be affected by the U.N. nuclear watchdog's meeting later in the day on Tehran's nuclear ambitions.
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Ford Fusion fares poorly in crash tests
Mar 5 2006 11:10PM (CT)
WASHINGTON (AP) - The 2006 Ford Fusion received poor marks in offering motorists' protection in side crashes, according to new crash tests released Sunday by the insurance industry.
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AT&T to buy BellSouth for $67B in stock
Mar 5 2006 9:15PM (CT)
ATLANTA (AP) - AT&T Inc. is buying BellSouth Corp. for $67 billion in stock in a bid that further consolidates the telecommunications industry and would give AT&T total control of their growing joint venture, Cingular Wireless LLC.
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Enron's infamous ex-CFO Fastow to testify
Mar 5 2006 9:09PM (CT)
HOUSTON (AP) - Andrew Fastow, the purported financial whiz whose web of financial machinations helped fuel Enron Corp.'s crash, is about to break his silence.
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Wynn sells Macau casino rights to PBL
Mar 5 2006 8:44PM (CT)
LAS VEGAS (AP) - Casino operator Wynn Resorts Ltd. said Sunday it had agreed to sell the right to build a casino resort in Macau to Australian media and entertainment group Publishing and Broadcasting Ltd. (PBL) for $900 million.
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Japan stocks slightly higher
Mar 5 2006 8:08PM (CT)
TOKYO (AP) - Japanese stocks opened slightly higher Monday amid uncertainty about a possible change in Japan's monetary policy. The dollar was down against the yen and euro.
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Report: Linde to buy gas rival BOC
Mar 5 2006 8:07PM (CT)
FRANKFURT, Germany (AP) - Germany's Linde AG is expected to announce Monday that it has agreed to buy British rival BOC Group PLC for 8 billion pounds ($14 billion) to form the world's largest industrial-gas company, people familiar with the matter told The Wall Street Journal.
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Buffett: Major acquisitions needed
Mar 5 2006 5:55PM (CT)
OMAHA, Neb. (AP) - Big purchases will be needed to improve Berkshire Hathaway Inc.'s earnings in future years, chairman Warren Buffett wrote in his annual letter to shareholders.
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Texoma region nurtures wine industry
Mar 5 2006 2:50PM (CT)
DENISON, Texas (AP) - When horticulturist Thomas Volney Munson arrived in North Texas more than 100 years ago, he inspected the grapes growing along the Red River and declared the discovery of his "grape paradise."
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Pilots often last holdouts in negotiations
Mar 5 2006 2:39PM (CT)
MINNEAPOLIS (AP) - Airlines are a big union industry, and the big dog in every airline union fight is the pilots. So it's not surprising that they ended up as the last holdouts in the pay-cut negotiations at Northwest and Delta airlines.
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Trial of former Ahold CEO set to start
Mar 5 2006 2:16PM (CT)
AMSTERDAM, Netherlands (AP) - The fraud trial of four former managers of Royal Ahold NV, including the global food retailer's former chief executive officer, was to begin Monday in Amsterdam, three years after the company went to the brink of bankruptcy in one of Europe's largest financial scandals.
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AT&T and BellSouth at a glance
Mar 5 2006 1:54PM (CT)
NEW YORK (AP) - A look at the parties in AT&T Inc.'s reported $65 billion deal for BellSouth Corp. Figures are as of the end of 2005.
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With little upcoming news, stocks may rest
Mar 5 2006 11:16AM (CT)
NEW YORK (AP) - Anybody hoping for a stock market rally should probably just take this week off. With little economic data and few earnings reports due, trading likely will be one of those exercises in wait-and-see.
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OPEC unlikely to curtail production
Mar 5 2006 9:31AM (CT)
VIENNA, Austria (AP) - With oil prices still above $60 a barrel, OPEC ministers likely will keep output steady when they meet this week to set strategies for the spring and early summer.
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OPEC unlikely to curtail production
Mar 5 2006 7:51AM (CT)
VIENNA, Austria (AP) - Some price hawks in OPEC are again calling for cuts, but with oil still above $60 a barrel, the group is likely to keep output right where it is when it meets this week to set strategies for the spring and early summer.
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